Middle East Economic Survey

VOL. LIV

No 4

24-Jan-2011

tunisia

S&P Downgrades Tunisia Ratings, Places On CreditWatch Negative

Standard & Poors Ratings Services (S&P) placed its BBB/A-3 long and short term foreign currency sovereign credit ratings on Tunisia and the Central Bank of Tunisia on CreditWatch with negative implications on 18 January. At the same time, the agency lowered its long term local currency sovereign credit ratings on Tunisia and on the Central Bank of Tunisia...